President Trump Says Framework of Potential Deal Reached Over Greenland

Summary

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Fox News Hourly Update – January 21, 2026

President Trump Says Framework of Potential Deal Reached Over Greenland

Episode Overview

This episode covers significant breaking stories in U.S. and global politics, with a primary focus on President Trump announcing a new framework for a potential deal regarding Greenland after side meetings at the World Economic Forum. The update also features major domestic enforcement changes within ICE, new political bids by key January 6 figures, legal updates on Johnson & Johnson's talc lawsuits, and noteworthy developments in sports and regulatory hearings.

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Key Discussion Points and Insights

1. Breakthrough on Greenland Deal

• President Trump announced progress on a potential long-term deal involving Greenland following meetings with NATO Secretary General Mark Rutte at the World Economic Forum in Switzerland.
  • Trump emphasized the historic nature of the agreement:

    "It’s a long term deal. It's the ultimate long term deal." – President Trump (00:09)

• Immediate Impact: Trump also cancelled looming tariffs against several European nations, which were scheduled for next month.
• Danish Response: Danish officials—though firm on the stance that "Greenland is not for sale"—now indicate that open talks can begin.
  • Edward Lawrence explained the shift:

    “Whereas the two sides were sort of dug into their corners with this threat of tariffs, now he’s saying that there actually can be talks related to this deal going forward.” (00:36)

• Geopolitical Context: Trump reiterated that U.S. interest in ownership was prompted by concerns over Russian and Chinese influence in the Arctic region.
• Market Reaction: Markets rebounded strongly after the tariff threat was removed (00:56):
  • Dow: +588 points
  • Nasdaq: +270 points
  • S&P: +78 points

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2. ICE to Enter Private Homes with Administrative Warrants

• Internal Memo Leak: FOX confirmed reporting that ICE is preparing to enter private homes to enforce removal orders using only administrative warrants—not court-issued ones.
  • Trisha McLaughlin, DHS spokesperson:

    “Anyone being served an administrative warrant has already had full due process.” (01:32)

• The practice is expected to be legally challenged, as current public guidance advises residents not to open doors for federal agents without a judicial warrant.

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3. Winter Storm Emergency Declarations

• States Affected: South Carolina and Texas declared states of emergency ahead of a predicted “blockbuster winter storm.” (01:47)

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4. Updates on January 6 Defendant’s Political Bid

• David Medina: A January 6 participant, whose federal charges were dismissed following a Trump pardon, has announced a run for Oregon governor.
  • Megan Alexander summarized:

    “Medina, a Republican based outside of Portland, announcing a run for Oregon governor Tuesday. His campaign website says he’s become one of the leading conservative voices in one of America’s most progressive regions, calling for extraordinary change.” (02:36)

• Election Landscape:
  • Incumbent: Gov. Tina Kotak (D)
  • Other challenger: Christine Drazen (R), 2022 runner-up

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5. Ticketmaster to Testify in Senate

• Antitrust/Consumer Pricing Hearing: Ticketmaster set to address the Senate next month over “unfair ticket prices.” (03:07)

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6. Johnson & Johnson Talc Litigation Update

• Plaintiffs in a massive consolidated lawsuit over claims of cancer from Johnson & Johnson’s talc can use expert testimony in the upcoming federal trial.
  • Edward Lawrence reported:

    “A retired federal judge… rules it [the testimony] meets the necessary standards to be used as evidence at trial later this year.” (03:25)

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7. Sports News: Cody Bellinger Signs with Yankees

• Details:
  • Contract: 5 years/$162.5 million
  • $20 million signing bonus
  • No-trade clause
  • Opt-outs after 2027 or 2028 (03:53)

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Notable Quotes & Memorable Moments

• “It’s a long term deal. It’s the ultimate long term deal.”
  — President Trump (00:09)
• “Whereas the two sides were sort of dug into their corners with this threat of tariffs, now he’s saying that there actually can be talks related to this deal going forward.”
  — Edward Lawrence (00:36)
• “Anyone being served an administrative warrant has already had full due process.”
  — Trisha McLaughlin, DHS (01:32)
• “Medina…announcing a run for Oregon governor Tuesday. His campaign website says he’s become one of the leading conservative voices in one of America’s most progressive regions, calling for extraordinary change.”
  — Megan Alexander (02:36)
• “A retired federal judge…rules it meets the necessary standards to be used as evidence at trial later this year.”
  — Edward Lawrence (03:25)

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Important Timestamps

• Greenland Deal Announcement/Market Reaction: 00:03–00:59
• ICE Enforcement Changes: 01:14–01:47
• Winter Weather Warnings: 01:47–02:07
• January 6 Political Candidate Segment: 02:07–03:07
• Ticketmaster Senate Testimony Preview: 03:07–03:21
• Johnson & Johnson Lawsuit Update: 03:21–03:53
• Cody Bellinger Yankees Signing: 03:53–04:13

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Summary

This episode delivers key takeaways from the global stage to local politics and consumer headlines, with President Trump’s Greenland deal framework as the centerpiece. The removal of tariffs triggered a strong market rebound and opened diplomatic channels, while simultaneous shifts in ICE enforcement policy and high-profile state and federal lawsuits signal big policy and legal battles to come. Notably, former January 6 defendants are now entering the political arena. The episode wraps with the latest industry and sports news, reflecting a fast-moving, multifaceted news day.

Transcript

[Lisa Licera]

A breakthrough on Greenland. I'm Lisa Licera, FOX news. It's a long term deal. It's the ultimate long term deal. President Trump after meeting with NATO Secretary General Mark Rutte in Switzerland on the sidelines of the World Economic Forum. The president saying as a result of that, he's pulled his plan for tariffs on several European nations that were set to go into effect next month. But Danish officials are holding firm telling FOX Business Edward Lawrence Greenland is not for sale. The Danish foreign minister is not saying there's not a deal. He's just saying that now he can start talks.

[Edward Lawrence]

Whereas the two sides were sort of dug into their corners with this threat.

[Lisa Licera]

Of tariffs, now he's saying that there actually can be talks related to this deal going forward.

[Edward Lawrence]

Now we'll have to see exactly how it goes forward.

[Lisa Licera]

President Trump has repeatedly said that US Ownership of Greenland was necessary to prevent threats from Russia and China. Stocks recovered half of yesterday's plunge after President Trump called off the Greenland related tariffs. The Dow gained 588. The Nasdaq added 270. The S&P plus 78. ICE officials are moving toward entering private homes for enforcement even without a warrant from a judge. That's according to an internal memo obtained by the Associated Press.

[Trisha McLaughlin]

The guidance would reportedly allow ICE to forcibly enter a home based on an administrative warrant from the agency, not a warrant from a court to arrest someone with a final removal order. This is even as residents are urged not to allow federal agents in without being shown an order for entry. The directive is said to have been signed by acting ICE director Todd Lyons and dated May 12 of last year. DHS spokeswoman Trisha McLaughlin told the AP anyone being served an administrative warrant has already had full due process. Legal challenges are expected.

[Lisa Licera]

Fox's Granal Scott states of emergency declared in South Carolina and Texas ahead of what forecasters say will be a blockbuster winter storm this weekend. America's listening to Fox. Five years ago, the U.S. brought leaders from Israel, Morocco, the United Arab Emirates and Bahrain together to sign the Abraham Accords.

[Megan Alexander]

I'm Megan Alexander and this is Middle East.

[Lisa Licera]

Tomorrow, go to partners.foxnews.com met. Amanda was charged for his participation in the January 6, 2021 Capitol riot, hoping to be Oregon's next governor.

[Megan Alexander]

David Medina pleaded not guilty to charges including obstructing an official proceeding and destroying government property. The charges related to his involvement in the January 6 riot at the US Capitol. But they were dismissed last year when President Trump pardoned more than 1500 people charged or convicted of crimes related to the breach. Medina, a Republican based outside of Portland, announcing a run for Oregon governor Tuesday. His campaign website says he's become one of the leading conservative voices in one of America's most progressive regions, calling for extraordinary change. Oregon Governor Tina Kotak, a Democrat, is running for reelection. And looking to unseat her is Oregon State Senator Christine Drazen, a Republican who lost her bid to Kotec in 2022. Kristen Goodwin, Fox News.

[Lisa Licera]

An executive from Ticketmaster expected to testify before a Senate panel next month on unfair ticket prices. That's according to a Senate aide. Plaintiffs in a lawsuit against Johnson and Johnson are allowed to use expert testimony to support their case.

[Edward Lawrence]

It's another case about Johnson and Johnson baby powder and other talc products that the plaintiffs say cause cancer. The company denies it. A retired federal judge brought in to evaluate the plaintiff's expert testimony rules it meets the necessary standards to be used as evidence at trial later this year. The case started in 2016. More than 67,000 lawsuits consolidated into one federal suit in New Jersey, where Johnson Johnson's based. This would be the first federal trial. There have been trials in state courts, with Johnson and Johnson winning some and losing some, with billions of dollars in verdicts against it sometimes reduced on appeal. Chris Foster, Fox News.

[Lisa Licera]

Cody Bellinger is staying with the Yankees, agreeing to a five year, $162.5 million contract. The deal includes a $20 million signing bonus and a no trade provision. Bellinger can opt out after the 2027 or 2028 season. I'm Lisa Licera. This is FOX News.

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